Content-type: text/html Downes.ca ~ Stephen's Web ~ Crises of Capital Animated

Stephen Downes

Knowledge, Learning, Community
I'm really enjoying this mode of presentation by animation, and it helps that I think the analysis of the current (and ongoing) market collapse is fundamentally correct. The analysis, in a nutshell, is this: since the 1980s, wages have been repressed, and demand has been sustained by credit, which is - in the long run - unsustainable.

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Stephen Downes Stephen Downes, Casselman, Canada
stephen@downes.ca

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Last Updated: Nov 22, 2024 2:17 p.m.

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